what do you think? đ€đ€
Publier
Cypher Silent
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Will PPI data affect gold prices today?
Yes, the Core PPI and PPI releases due later today are the primary catalysts for gold. A softer reading could weaken the dollar and support gold, while a hotter print would reinforce Fed hike expectations and likely push prices lower. The market is currently pricing in a 0.3% core PPI reading.
#USJulyCPI&PPIDueThisWeek #goldtrading #TradingSignal #forextrading $XAU
Yes, the Core PPI and PPI releases due later today are the primary catalysts for gold. A softer reading could weaken the dollar and support gold, while a hotter print would reinforce Fed hike expectations and likely push prices lower. The market is currently pricing in a 0.3% core PPI reading.
#USJulyCPI&PPIDueThisWeek #goldtrading #TradingSignal #forextrading $XAU
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